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Cable Update (GBPUSD)

  • #740,101
  • Apr 10, 2023 4:54am Apr 10, 2023 4:54am
Quoting dantpm
Found this Forex Market map: https://www.worldtimezone.com/forex12.php {image}
https://market24hclock.com/
  • #740,102
  • Apr 10, 2023 4:57am Apr 10, 2023 4:57am
Short in at 1.2430
Don't trade what you think. Just what you see!!!
  • #740,103
  • Apr 10, 2023 5:03am Apr 10, 2023 5:03am
As I said sell above today's high
Attached Image (click to enlarge)
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  • #740,104
  • Apr 10, 2023 5:10am Apr 10, 2023 5:10am
Quoting OperaniyiFx
GU heading to 2500
1.2670 is the target as far as 1.2370 holds.
Data + Stat + Risk/Emotions Management
  • #740,105
  • Apr 10, 2023 5:12am Apr 10, 2023 5:12am
a reversal of the trend is possible...we'll see this week how it turns out
Attached Image (click to enlarge)
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Trendlines H1,H4, SMC
  • #740,106
  • Apr 10, 2023 5:19am Apr 10, 2023 5:19am
Quoting Georginson
{quote} 1.2670 is the target as far as 1.2370 holds.
Hello George,

I think we will see 1.23022 and slightly lower before 1.26
  • #740,107
  • Apr 10, 2023 5:50am Apr 10, 2023 5:50am
Quoting Theoak
Short in at 1.2430
Time to go down like a lead baloon!!!
Don't trade what you think. Just what you see!!!
  • #740,108
  • Apr 10, 2023 5:57am Apr 10, 2023 5:57am
Attached Image (click to enlarge)
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yes yes yes
  • #740,109
  • Apr 10, 2023 6:09am Apr 10, 2023 6:09am
Quoting Theoak
{quote} Time to go down like a lead baloon!!!
Bears wanna drop GU so bad, I think CPI data release is when the drop will happen
  • #740,110
  • Apr 10, 2023 6:16am Apr 10, 2023 6:16am
Quoting AlfieSolomon
As I said sell above today's high {image}
closed 9+ pips
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  • #740,111
  • Apr 10, 2023 6:17am Apr 10, 2023 6:17am
Quoting LitEU
{quote} Bears wanna drop GU so bad, I think CPI data release is when the drop will happen
You said drop? yes please
People don't plan to lose. They lose because they don't plan.
  • #740,112
  • Apr 10, 2023 6:18am Apr 10, 2023 6:18am
Quoting LitEU
{quote} Bears wanna drop GU so bad, I think CPI data release is when the drop will happen
I find when the markets are slow (Bank holiday), the TA approach tends to form more inline with the outcome. There is less pump and dump, being done by major players. Everything on most my charts (TF) are lining up with a drop. Also the fundamentals of this currency indicate a bearish market for this quarter.
Don't trade what you think. Just what you see!!!
  • #740,113
  • Apr 10, 2023 6:18am Apr 10, 2023 6:18am
Okay now this is a good strong break of structure, think of re-entry
  • #740,114
  • Apr 10, 2023 6:22am Apr 10, 2023 6:22am
Quoting ScalaFX
{quote} You said drop? yes please
  • #740,115
  • Apr 10, 2023 6:34am Apr 10, 2023 6:34am
The mf back fired on my face
At least i didn't lose nothing
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yes yes yes
  • #740,116
  • Apr 10, 2023 6:38am Apr 10, 2023 6:38am
Quoting Theoak
{quote} I find when the markets are slow (Bank holiday), the TA approach tends to form more inline with the outcome. There is less pump and dump, being done by major players. Everything on most my charts (TF) are lining up with a drop. Also the fundamentals of this currency indicate a bearish market for this quarter.
I just dont trust GU enough to go short
I expect GU to BUY and the 1hr tf looks pretty bullish to me, so I'll buy GU 1.23964
  • #740,117
  • Apr 10, 2023 6:38am Apr 10, 2023 6:38am
Quoting Moty
The mf back fired on my face At least i didn't lose nothing {image} {image}
Swearsss. Moty
Same here.
  • #740,118
  • Apr 10, 2023 6:41am Apr 10, 2023 6:41am
I taken profit for Sell GU .
In for another buy swing 1.24160
This is really an adventurous pair.
I Won't miss any opportunity it brings .
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  • #740,119
  • Apr 10, 2023 6:43am Apr 10, 2023 6:43am
Quoting AlfieSolomon
{quote} closed 9+ pips {image}
When i first look at your chart, thought a 75pips move.
This lower timeframe really make thing difficult for me.
More time in the market, does not mean you trade better!
  • #740,120
  • Apr 10, 2023 6:44am Apr 10, 2023 6:44am
Quoting LitEU
{quote} I just dont trust GU enough to go short I expect GU to BUY and the 1hr tf looks pretty bullish to me, so I'll buy GU 1.23964
you have tiny sl GU will fly back up in no time
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